Market Overview for Usual/Tether (USUALUSDT)

Summary
• Price action surged above 0.0284, forming a bullish breakout with strong volume.
• RSI reached overbought territory, suggesting potential for near-term pullback.
• Volatility expanded significantly in late hours, with large-volume candles confirming upside momentum.
• Bollinger Bands widened post-03:00 ET, aligning with key 0.0295 resistance level.
• Key support at 0.0283 tested multiple times; failed to break below, indicating bullish bias.

At 12:00 ET on 2026-01-14, Usual/Tether (USUALUSDT) opened at 0.0284, reached a high of 0.0304, and closed at 0.0300 after a low of 0.0282. The total volume over the 24-hour period was 39,018,349.3, with a notional turnover of 1,106,097.30.

The 5-minute OHLCV data showed a clear shift in sentiment starting from 22:15 ET, when price surged past 0.0288 with heavy volume. By 05:30 ET, the pair had broken key resistance at 0.0298 and continued to push higher, forming a series of bullish continuation patterns. The late session saw massive volume at 0.0300–0.0304, confirming accumulation and buyer dominance.

Structure & Key Levels

Price found strong support at 0.0283, which was tested multiple times during the early hours but never decisively broken. A notable bullish engulfing pattern formed around 03:45 ET, signaling a shift in control. Resistance at 0.0295 and 0.0301 was successfully breached, suggesting the next potential targets are 0.0306–0.0310.

Momentum and Indicators

The RSI on the 5-minute chart crossed into overbought territory above 70 during the 05:00–06:00 ET window, which may indicate short-term exhaustion. However, the MACD showed strong positive divergence with bullish histogram expansion, reinforcing the strength of the upward move.

Bollinger Bands widened sharply after 03:00 ET, reflecting a surge in volatility. Price remained above the 20-period moving average for most of the session, aligning with the bullish momentum. The 50-period MA on the 5-minute chart was a strong upward guide through the key 0.0295–0.0301 range.

Volume and Turnover

Volume spiked significantly in the 04:00–06:00 ET window, with several candles printing above 500,000 volume. The largest single candle occurred at 10:00 ET, with 1,946,704.8 volume and a high of 0.0304, confirming strong buying pressure. Notional turnover increased in tandem, with no divergence between price and volume, supporting the validity of the move.

Fibonacci Retracements

From the 0.0282–0.0304 swing, key Fibonacci levels of 0.0293 (38.2%), 0.0297 (50%), and 0.0301 (61.8%) acted as dynamic support/resistance. Price held above the 0.0295–0.0297 level during pullbacks, suggesting strong positioning below these levels. The 61.8% retracement at 0.0301 is now a potential near-term target.

Looking ahead, the market appears to be testing the 0.0304 high for consolidation. While the bullish momentum is strong, a pullback to test 0.0293–0.0295 could offer a re-entry point. Traders should remain cautious of overbought indicators and watch for volume confirmation on any new breakouts.